Learn what a 1099-K form is, when to expect it, and how to download it from your CardPointe dashboard. This article also covers how to read your form and what to do if it contains an error.

Review the information below before downloading your 1099-K so you know what to expect and how to read your form accurately.

A 1099-K is a tax form that summarizes the total card payments your business received during the year. The form helps you and the IRS verify that your reported income matches your actual card processing activity.

Your 1099-K is typically available for download by mid-January, and CardConnect will paper mail one to you by January 31.

If you check to see if the 1099-K is available before mid-January, the form may not be ready yet if the year you're looking for isn't listed. You can check back at a later time. If you don't see a 1099-K posted by January 31st, 💬 Contact Us.

The amount shown on your 1099-K reflects your gross sales - the total of all card payments processed during the year before any deductions. This is not the same as your taxable income.

The following costs are not subtracted from that number, but they do reduce what you report as income:

For example, if your 1099-K shows $80,000 but you had $5,000 in processing fees and $2,000 in refunds, you would report $73,000 as income - not the full $80,000.

Be sure to compare your 1099-K against your reports to make sure everything matches.

Learn how to access and download your 1099-K form from the CardPointe dashboard.

Find answers to common questions or additional details that may not be covered in the main instructions.